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News Archive

Power

AU-EdF 3 TWh supply contract to raise Italy power imports

Italy’s Acquirente Unico (AU) has contracted to import an additional 3 TWh of electricity from France’s EdF by the end of 2004. A spokesman for AU said the company was very pleased with the agreement...

31 Aug 2004 00:00 | EDEM

Power

Caisse de Dépôts seeks to gain 49% shareholding in RTE - press

The French Caisse de Dépôts (CDC) could acquire a 49% stake in the country’s electricity grid operator RTE, a subsidiary of state-owned Electricité de France before RTE is split-off from its parent...

31 Aug 2004 00:00 | EDEM

Power

Cal ‘05 slips on oil and profit taking

Baseload Cal ‘05 eased after recent highs on profit taking, said traders. The Cal, which traded at a record EUR 42.05/ MWh late last week, went through again at that level on Monday, before slipping...

27 Aug 2004 00:00 | EDEM

Power

Curve up strongly despite looming strike threat

French Calendar ’05 Baseload edged up higher on Tuesday, gaining a further EUR 0.20/MWh on Monday’s close to end at EUR 34.10-34.20/MWh. Following two days of strong performance in the contract the...

31 Aug 2004 00:00 | EDEM

Power

German H1 ’04 electricity consumption stable says VDEW

Electricity consumption in Germany remained stable for the first half of 2004 according to the German energy association of the energy industry, VDEW on Monday. A slight increase of 0.3% in...

31 Aug 2004 00:00 | EDEM

Power

German outages: Kruemmel offline

The 1,316 megawatt (MW) German Kruemmel nuclear plant will be shut in the night of Aug 27 to Aug 28 for its annual fuel exchange and maintenance outage, operator HEW, part of the Vattenfall Europe...

27 Aug 2004 00:00 | EDEM

Power

Hammerfest plan to build first commercial CO2-managed CCGT by 2007

The world’s first commercial combined cycle gas turbine (CCGT) power plant with carbon-dioxide (CO2) sequestration technology may be in operation by 2007. Norwegian municipal utility Hammerfest...

27 Aug 2004 00:00 | EDEM

Gas

Italian regulator to hold gas tariff talks

Italy’s energy regulator l’Autorita per l’energia elettrica e il gas (AEEG) is to hold a series of hearings to investigate the high level of gas supply tariffs at the beginning of September. The...

31 Aug 2004 00:00 | ESGM

Gas

National Grid Transco confirms sale of four LDZs for £5.8 billion

The UK gas and electricity transmission company National Grid Transco (NGT) has confirmed that it has sold four of its gas Local Distribution Zones (LDZs) for a combined total of £5.8 billion (EUR...

31 Aug 2004 00:00 | ESGM

Gas

Northern Ireland’s Phoenix reaches gas price deal with regulator

Phoenix Natural Gas, the company that supplies approximately 60,000 customers in the Greater Belfast area of Northern Ireland, has confirmed that an agreement has been reached with the province’s...

27 Aug 2004 00:00 | ESGM

Power

Nuclear outage pushes up prompt and Pool

Prompt Peak prices strengthened on the contract-fordifference market this week, following the Pool higher as it unexpectedly increased between Wednesday and Thursday. Wednesday Peaks went through at...

27 Aug 2004 00:00 | EDEM

Gas

RWE signs supply and operation agreement for new Irish CCGT

Germany’s RWE has signed electricity tolling, gas supply and operation and maintenance agreements for a power plant to be built at Tynagh, near Galway, Ireland.Tynagh Energy Ltd will construct and...

31 Aug 2004 00:00 | ESGM

Power

RWE signs supply and operation agreement for new Irish CCGT

Germany’s RWE has signed electricity tolling, gas supply and operation and maintenance agreements for a power plant to be built at Tynagh, near Galway, Ireland. Tynagh Energy Ltd will construct and...

31 Aug 2004 00:00 | EDEM

Power

RWE to raise grid access charges by 9.6% in January

German energy utility, RWE, is to raise grid access charges on its high voltage network by 9.6% as of 1st January 2005, a spokesman for the group’s network subsidiary RWE Transport-Netz said on...

31 Aug 2004 00:00 | EDEM

Power

Sideways curve as traders take wait-and-see approach

The French market was extremely quiet on Friday, lacking direction from both the German market and fuels. November ’04 Baseload was heard to trade at EUR 36.20/MWh but elsewhere the curve was...

27 Aug 2004 00:00 | EDEM

Power

SSE and Talisman plan prototype deepwater wind farm

Scottish and Southern Energy (SSE) and Talisman Energy (UK) Ltd have unveiled plans to build a £24 million deepwater wind farm project, adjacent to the Talismanoperated Beatrice gas field. The...

27 Aug 2004 00:00 | EDEM

Gas

SSE and Talisman plan prototype deepwater wind farm

Scottish and Southern Energy (SSE) and Talisman Energy (UK) Ltd have unveiled plans to build a £24 million deepwater wind farm project, adjacent to the Talismanoperated Beatrice gas field. The...

27 Aug 2004 00:00 | ESGM

Power

Swiss set to focus renewables development on wind energy

Switzerland hopes to produce 50–100 GWh of electricity annually through wind power by 2010 in a bid to meets its sustainable development objectives set out in the Convention on Climate Change in Rio...

27 Aug 2004 00:00 | EDEM

Gas

Total, Statoil predict European gas oversupply by 2010

French Total’s executive vice president for gas and power, Yves-Louis Darricarrère, has predicted a European gas supply excess that will depress prices by 2010, according to media reports.He is...

27 Aug 2004 00:00 | ESGM

Power

Unit of former AES Fifoots Point plant returns to production

Uskmouth Power Company (UPC) said that it had returned a 121 MW unit of Uskmouth power station – formerly AES Fifoots Point – back online on Thursday. The company said that Unit 13 returned to...

27 Aug 2004 00:00 | EDEM

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